Mining

Philippines-focused Medusa Mining has named recently appointed director Jeff McGlinn as its new chairman, replacing Andrew Teo who will become the company’s managing director.

Apollo Consolidated is selling its entire royalty over a goldmine in Cote d’Ivoire to fund further exploration at the company’s Lake Rebecca project in WA.

Engineering company Monadelphous will continue providing crane services to Pilbara miner Fortescue Metals Group under a new, five-year contract.

Northern Star Resources is purchasing a gold project near its Carosue Dam operations from KalNorth Gold Mines.

Strandline Resources has the debt funding it requires for its Coburn mineral sands project after securing about $80 million from a senior secured bond issue.

Perth-based Canadian lithium miner MetalsTech has announced a spin-out of its lithium assets in a bid to accelerate development in the now booming battery metals sector.

Subiaco-based Paladin Energy is using funds secured from a placement and fully underwritten rights issue to progress the restart of its uranium operations in Namibia.

Red 5 says its King of the Hills project in WA is now fully funded, after the goldminer secured $235 million in debt and equity financing.

The construction and engineering arm of WestStar Industrial has secured $2.1 million in work on Fortescue Metals Group’s Cloudbreak mine in the Pilbara.

Local business Nickel X is planning to raise $5 million from an IPO, which will be used to explore its Western Australian projects.

Australian-Singaporean water and wastewater treatment company De.mem is paying $5.1 million to acquire a chemicals supplier in Perth.

Seashell supplier L’Haridon Bight Mining has been fined $20,000 over an injury that left one of its workers with fractures, lacerations and burns.

Perth-based Jindalee Resources has secured $9 million from investors to fund the development of its lithium, gold and nickel projects.

Fortescue Metals Group has brought forward its target date for being carbon neutral, with the company spruiking green hydrogen while also talking down the future of gas.

Lithium miner Pilbara Minerals will use a $US15 million prepayment from one of its offtake partners to fund plant improvements at its Pilgangoora operations.

Gold producer Northern Star Resources has been given a $150,000 fine over a vehicle collision at its Kalgoorlie mine in 2017.

Gold’s role as a safe-haven asset seems likely to be around for some time yet.

Subiaco-based MetalsTech is planning to capitalise on a booming batteries sector by advancing its high-grade lithium assets in Canada.

CZR Resources is advancing its $51 million iron ore development south-west of Karratha, with environmental studies now underway.

Roy Hill Holdings has announced a new leadership structure, with Barry Fitzgerald taking a board role and Gerhard Veldsman being promoted to chief executive.

A low-profile WA family that has amassed a $300 million fortune from iron ore royalties has come to prominence by developing a head office in West Perth.

Company culture is key, but it often remains an internal secret.

Horizon Gold has secured $5 million in funding from its major shareholder to progress a drilling program at the company’s Gum Creek project in the Mid West.

WestStar Industrial’s engineering and construction arm has been subcontracted for works at Fortescue Metals Group’s Solomon Hub in the Pilbara.

NSW-focused copper play Peel Mining has sought funds from investors to progress a final investment decision for its South Cobar project.

Drilling contractor DDH1 has had a weak start to its first day of trading, with its share price dropping 21 per cent from its issue price.

Nickel miner Western Areas has secured $85 million to complete the development of its Odysseus project in the northern Goldfields while announcing plans to raise a further $15 million.

Goldminer Red 5 has named Macmahon Holdings as the preferred mining contractor for its King of the Hills project near Leonora.

Perth-based TNG has been given major project status by the federal government for its Mount Peake vanadium-titanium-iron project in the Northern Territory.

Five Western Australian women have been recognised for their contribution to the state’s resources sector, with Cube Consulting’s Rebecca Prain claiming the top honour.

China's iron ore imports rose 2.8 per cent for the first two months of 2021 from a year earlier, with demand for the steelmaking ingredient supported by a firm consumption outlook.

BHP has struck its third agreement with a major steel producer to study new technologies and production techniques designed to reduce greenhouse gas emissions.